This blog publishes market news relating to the companies listed in Bursa Malaysia, as well as business news in general. You can search and find all the past market and business news by searching within this Blog.

Friday, June 11, 2010

CCM MD to retire at end-June

KUALA LUMPUR: CHEMICAL COMPANY OF MALAYSIA [] Bhd (CCM) group managing director Datuk Mohamad Hashim Ahmad Tajudin has resigned from the group with effect from June 30, 2010 upon the expiry of his contract.

In a statement on Thursday, June 10, CCM said Hashim had indicated his desire to retire from the company and all board directorships within the group to pursue his personal interests upon the expiry of his contract at the end of the month. Hashim, 56, was appointed in May 2004 and has served two terms with the group.

CCM said the nomination and remuneration committee was in the process of finalising its recommendation to the board on the appointment of a new group MD.

In the interim, the company said an executive committee comprising E Sreesanthan, Tan Sri Dr Abu Bakar Suleiman and Datuk Mohd Nizam Zainordin would be responsible for the operations of the group.